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Roker1
Jan 16, 2017 12:20 AM

Bat pattern (or 2618) at structure level on EURCAD Long

Euro Fx/Canadian DollarFXCM

Description

Hi guys,
i want to share an interesting opportunity that i spotted on EURCAD. In this par on the 4 chart price is consolidating right at a previous daily support level. As such, i seek for trading opportunities down on the hourly chart. Here we can see two different opportunities, both long.
The first is a Bat pattern, the second is a 2618 trade.
Both the entry reasons are valid. but with different risk to reward ratios.

If you have any question or remark, please comment below.
Otherwise, see you in the next chart!

Trade closed: target reached

2618 hit target1!
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